Some says that most of us don’t know how to use credit cards wisely, but most often is not that you don’t know but you just lazy or careless.  So, it is important that you stop those laziness or carelessness.  Do what will be told in this article will make your financial condition healthy.

There are only two simple rules in spending with credit cards :

  1. First, Credit Card is NOT an extra income.  It’s only a tool to make your shopping convenient and secure because you don’t have to carry cash around.  But remember, it’s not extra income, you still have to pay it later.  So, don’t buy things you can’t afford.  If you can’t afford a purchase today, chances are you won’t be able to afford it tomorrow, or even next month.
  2. Second, always pay credit card ABOVE minimum payment. Making only the minimum payment each month increases the amount of time it will take to pay off your debt.  It also increases the amount of interest you end up paying.  To pay your debts off quicker and cheaper, you should pay as much as you can on your balance each month.

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